Marcum LLP Continues Leadership Trend in IPO Market Share
New York City, NY – Marcum LLP continued to lead the accounting industry in IPO audit market share during the third quarter of 2016, with more IPO audit engagements than any other non-Big Four accounting firm. It was the fourth consecutive quarter that Marcum has been among the top five IPO audit firms in the U.S., according to Audit Analytics.
For the quarter ended September 30, Marcum held 28.5% of IPO transactions audited by non-Big Four firms and 9% of the market overall. Marcum’s performance over the first three quarters of the year was also strong, with a 21% share of IPO transactions among non-Big Four firms and 5% of all transactions industry-wide.
Marcum is a top national accounting and advisory firm with offices throughout the U.S., as well as Grand Cayman, China and Ireland.
“After starting the year at historically low levels, the IPO market began a modest recovery in the second and third quarters. Marcum’s commitment to client service, deep audit and compliance capabilities, and track record as a trusted advisor positioned us as the firm of choice for many of the companies undergoing the transition to public listing,” said David Bukzin, partner-in-charge of Marcum’s national SEC Services Practice group.
Marcum’s SEC Services Practice presents the industry-leading annual Marcum MicroCap Conference in New York City.
Marcum is a registered Public Company Accounting Oversight Board (PCAOB) firm. Marcum’s Assurance Division provides the most up-to-date service and guidance on SEC accounting and reporting issues. Services include Financial Statement Audits in accordance with PCAOB standards; Tax Compliance and Advisory Services; Due Diligence; Agreed-Upon Procedures and Other Attest Work; Internal Audit Services; Sarbanes-Oxley Section 404 Compliance Services and Software; Technical Accounting Assistance; and IPO Assistance.
About Marcum LLP
Marcum LLP is a top-ranked national accounting and advisory firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Marcum’s industry-focused practices offer deep insight and specialized services to privately held and publicly registered companies, and nonprofit and social sector organizations. The Firm also provides a full complement of technology, wealth management, and executive search and staffing services. Headquartered in New York City, Marcum has offices in major business markets across the U.S. and select international locations. #AskMarcum.
